How is the estate distributed if the deceased has no Will❓

"How is the estate distributed if the deceased has no will?"

Your assets will not automatically be transferred to your desired or beloved family members. Regardless of how much you own or whether you are single or married, do you understand the importance of making a will? Are you aware of the problems associated with not having a will?

1. Distribution According to the Distribution Act 📚

   If you do not make a will, your estate will be distributed according to the Distribution Act 1958. This means that your assets will not be distributed according to your wishes.
    

2. What problems arise if there is no will? 

   If there is no will, the deceased's family must decide who will be the administrator of the estate and then apply to the High Court for a Letters of Administration.The process can be complex and may encounter various issues.

   • Firstly, family members may argue endlessly about who should be the administrator.
      
   • Secondly, the legal heirs (beneficiaries) may express dissatisfaction and refuse to sign the affidavits, potentially causing delays or hindrances in the estate distribution process.
      
   • Thirdly, the administrator is required to provide two sureties to obtain the Letters of Administration (unless exempted by the court).
      
   • Fourthly, the process can take a long time, sometimes dragging on for years  especially in instances where there are disputes among family members.

If you have any further questions, feel free to leave a message for consultation.

#intestacy #Letters of Administration #Distribution Order